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Williams Close, Watton

East of England

£180,000

Listed on 22/05/2026

Property Details

Bedrooms
2
Type
Semi Detached Bungalow
Area
840 sqft

Description

Located in the historic market town of Watton, this two-bedroom link-detached bungalow offers significant renovation potential. While the property requires modernizing, it features a garage and off-road parking, along with gas central heating and UPVC double glazing, making it an ideal canvas for your creative vision. The layout includes an entrance hall, a spacious lounge with a feature fireplace, a kitchen/conservatory that leads to the rear garden, two bedrooms, and a bathroom. The surrounding area is rich in local amenities including shops, cafés, and a traditional market held every Wednesday. With access to scenic locations such as Thetford Forest Park and proximity to Norwich city center, this property presents a valuable opportunity for investors or homeowners looking to enhance their living space.

Investment Analysis

(IP25 area)

Below Market Value

This property is priced -18.7% below area average per sq ft

-18.7%
Potential saving
This Property
£214/sq ft
Area Average
£264/sq ft
Avg Rent (weekly)
£254
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£243,613
10% above area average per sq ft
Potential ROI
+13.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (IP25)

Area prices are falling by -8.8% over the last 12 months
3 year growth: -8.3%
5 year growth: +5.2%
Investment Disclaimer: Analysis based on IP25 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Williams Close, Watton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£642
Based on a loan of £135,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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